luxottica monopoly reddit

A monopoly exists when one company controls all aspects of a market. 🙂 Umm hate to burst your bubble, online or brick and mortar are all mostly manufactured in China. Aww, I like my Ray Ban Wayfarers. Pretty sure that would constitute a view change. I see a lot of low quality frames too. I'd also imagine that if Walmart thought that this small sliver of the market was worth pursuing they could easily put the money behind it. Nike comes to mind. Clothing is a similar baseline good to eyewear, and the prices in the non-premium market has gotten lower and the quality has increased (I think? You might as well say that almost all our actions exploit some facet of others in some way. Just bought a couple pairs last month, prescription, $13 for one and $9 for the other. I just saw this video: and the first thing i thought was: they are a monopoly. The US has an antitrust policy because of the economy in the late … CMV: Spam and Unsolicited call, text, and mail laws should also apply to politicians, their campaigns, and any third party actions groups, CMV: no one under the age of 18 should be allowed on any kind of image-centric social media and those social media platforms should require photo verification to prevent minors from using them, CMV: "Punishment by a fine" should be paid via a community service. Ray bans used to cheap sunglasses until bought by luxotica. Because they own most glasses stores too, they control what glasses people can see. I have 2 coding jobs and regularly look at screens for 15 hours a day. If you’re poor, you’re not forced, or under extreme duress to buy Luxottica frames. Do we concern ourselves with the apparent oligopoly in the high-end bag market? So what is a monopoly exactly? [–]ApproximateConifold[S] 0 points1 point2 points 3 years ago* (0 children). I actually did consider it and I did mention it in passing. So I think it's clear that they don’t hold a monopoly in the general market. Not sure what the point of this paragraph is. There share price collapsed and they were bought out by luxotica. They're cheap plastic that is snapped and glued together. But on a more realistic level you could answer the question. Name brands are not the best. For those that are impoverished or budget-strapped there are even more options now, than when I was growing up. It’s MONOPOLY for a new era! By using our Services or clicking I agree, you agree to our use of cookies. Doing it on thin lenses will make the edges weak. Wu remarks that products in some industries seem to only get better and cheaper -- laptops, for example -- while other products, like eyeglasses, remain strangely pricey, with only superficial innovation. Luxottica acquired Oakley a few years later, adding it to Ray-Ban, which Luxottica obtained in 1999. “That’s how they gained control of so many … I've gone through this in another exchange which I'll link you at the end, in that exchange I've provided sources/evidence. There are far too many alternative retailers and distribution channels that Luxottica doesn't control, and. That said, I still bought my own frames from an online retailer. Which specific improvements were held back because of Luxottica? There's otherwise not too much information on this period and what exactly led to Oakley being bought by Luxottica in 2007. Only reason I responded was because you acknowledged that they might have a monopoly in the high end market but disregarded its significance because your only concern was exploitative pricing. But pause for a moment. Firstly eyeglasses, and pretty much all stuff related to eyewear/care (I don’t know about insurance prices, so maybe that’s gotten more expensive), has gotten cheaper and better over time. It would be like complaining about the markup on the price of Perrier water, when perfectly suitable tap water is easily accessible. Reddit LinkedIn ... the loss of optionality increases the monopoly company’s leverage and allows them to compress the royalties they pay to the brand. On Fridays, posts can't be highly similar to any other in the past month, and won't show up in the new queue until they've been checked and approved by a moderator. And of course, I think this claim isn’t substantiated. FTF is an attempt to reduce topic fatigue. Rendered by PID 29277 on r2-app-05a6b471df4db3559 at 2021-01-06 11:24:27.190105+00:00 running 15b6a67 country code: PL. I've worn Transistion lenses for almost 4 years now and I've never had any problem with them, in fact they've been quite nice. Luxottica does have the ability to set prices, or at least have a great deal of influence to set long-term super-normal prices, as I pointed out in the OP. The point being, that there are a wide variety of alternative retailers that Luxottica doesn't have a stranglehold on. documentary made by CBS, seems like they are concerned about not having the monopoly on yet another market. Oakley did actually make attempts to compete by expanding its distribution chain to get around Luxottica but they were still having trouble in other areas. None prescription but this past summer I scooped up a pair of Tom Ford clubmaster shades that retail for over $400 for $60. Getting onto business. But that’s not because of monopolistic features, its because of the type of consumeristic, brand-obsessed culture that exists. If you see a comment that has broken one, it is more effective to report it than downvote it. Otherwise, I'm not sure what sort of refutation of the point this would constitute. Point is that, I didn’t intend to the make the point you made. Not as good as Revo, back in the day, but then nothing is. Oakley is the closest thing to an example of this, and I did point out that market conditions were different then. I found I like a lot of the canned goods and more specialty stuff like glass bottles of artichoke hearts or olives and stuff like deli meat. You've told us what not to buy but what should we buy? I'm not sure. And that's a far cry from saying that somehow the existence of those $1500 cables shows that the customer base for HDMI cables as a whole are being exploited. Never been a huge fan of Oakleys. And don't pay to have the edges beveled. Another optician here, the only brands we carry are luxottica (Tiffany, dolce & gabana, vogue, prada, ray bans), marchon (nike, flexon, valentino, ferragamo, michael Kors), Safilo ( carrera, georgio armani, emporio armani, boss, dior, hugo, gucci, kate spade, juicy couture, marc jacob), oakleys, and Maui Jims. Yes, I always used it when I was a bachelor. Not a 750ml bottle... 1 L. And it is the finest vodka made, it says so right on the label. If you go to an Ophthalmologist and they bill medicare, you will be charge for the cost of a refraction. My eyes are very sensitive to light, I have to wear my glasses all day and my prescription is complicated (short/long sighted changing to the other + double vision). Now these fucks took over, the quality has gone down, and the price has gone up. Reminds me why I surf this place every damned day! Based on quality? Did you think "Hm.. According to Forbes, Luxottica controls 80% of the major brands in the global eyeglass industry, Note: if your view is about a "double standard", please see the, You must personally hold the view and demonstrate that you are open to it changing.▾, A post cannot be made on behalf of others, for playing devil's advocate, as any entity other than yourself, or to "soapbox". It’s also why I bracketed it. Luxottica started here as a small tool shop in Agordo, a dot of a town in the Italian Alps, when frames were still made of mountain goat horns. Its the same stuff as the sixty dollar pair. [–]0k0k 1 point2 points3 points 3 years ago (3 children). Same process. Press question mark to learn the rest of the keyboard shortcuts. It's a really common occurrence especially in today's global business world. If you are unsure whether someone is genuine, ask clarifying questions (see: You must include an explanation of the change along with the delta so we know it's genuine. Oakley doesn't use its own special brand of lenses. Never buy these. i have oakley Whiskers. and join one of thousands of communities. Nov, 2016 — Lang: English. I'd also point out that a lot of these articles are lazy rehashing of the 60 minutes story (more often than not, they all go back to 60 minutes or a source 60 minutes used). Go Peoria! Enter with a mindset for conversation, not debate. I don't think that one factor is enough to dispositively conclude that an act is or is not exploitative. I can't remember where I heard the phrase "reassuringly expensive". Walmart owns almost the same amountmore stores themselves. I have a pair of Korean knockoffs that work pretty well. ;-). It's more complex than just Sunglass Hutt deciding to cut the number of glasses they'd order. Luxottica is a vertically integrated company that designs, manufactures, distributes, and retails its own eyewear brands. www.eyebuydirect.com. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The whole problem is that the companies that would have been doing the innovating didn't exist. I just didn't think it was something that was relevant to Luxottica's situation. They have good frozen seafood too. I've used them for most of the few years I've had glasses. This was the factory in 1961. One factor: the world's largest eyewear company, the Italian firm Luxottica, controls a big chunk of the business. Oakley used to sell sunglasses manufactured in USA, but they are now made in China, just like everything else. It’s not as though Luxottica has a stranglehold on the market of eyewear. For anyone interested in how we moderate this subreddit, we have our approach laid out over at our mod standards page. And Luxottica is a vertical monopoly (for all practical purposes), but you can find lots of much better independent lines that the celebs are wearing. If they cared, they'd learn to use the fucking internet and not get taken. Look if you want to make a larger point about how parts of our society are overly consumeristic and how this is done by exploiting certain parts of our psychology, I'm with you there. But that’s fine, after all, a reasonable way to understand what the relevant market consists of is to ask whether the goods are substitutable. ▾, Your comment will be removed even if the rest of it is solid. Did you think "Maybe just asserting things without providing sources/evidence to back up my claims might not be that persuasive?" ROTFL you are a very funny guy. Monopoly is a market structure in which there is a single seller. Lesley Stahl reports. Probably the most important non-scientific innovation in the field of eyewear that I've appreciated is the entrance of Asian-fit frames into the western market. I recommend the Wanderers. Forbes specifically cites Luxottica's ability to "make prices", in other words, use its market dominance to establish extremely high baseline prices for its goods. Even if people do not purchase their glasses from Luxottica, they still suffer from the market effects of Luxottica's monopolistic practices. [, Don't be rude or hostile to other users. I have an identical pair I wear to work if I'm not feeling contacts that day that get beat up (I don't care they were $20 shipped). Well-respected optician by day, /u/Lemonfarty the informative redditor by night. Are you referring to the price/markup? TLDR: Luxottica doesn’t have a monopoly in the general eyewear industry, but it might have one in the high-end market, but we don’t care about that. Gotta buy that Crown Rousse. Dan Bobkoff. As someone that needs glasses/contacts and couldn't afford what Lenscrafters or Pearl Vision charged, I started shopping at Clearlycontacts.ca (run out of Vancouver). Consider the price of a computer mouse against the price of a pair of eyeglass frames. Then there’s Luxottica’s update, at the bottom of the page. While I think they're wrong, they've made a serious attempt to engage with me and my points. Are you referring to the price/markup? If you're into that kind of stuff, you can find a lot of food that will keep for a long time. The wholesale prices of Luxottica's products look like retail prices for other products with similar supply chains, produced by manufacturers with far less verticality and negotiating power. They brought a number of innovations to the market in terms of design and materials that genuinely improved performance. I bought my sunglasses a year ago, two pairs for $25 free shipping. So the actual market might look different if you examine it that way. [–]ApproximateConifold[S] 0 points1 point2 points 3 years ago (2 children). First of all, Luxottica merged with Essilor and they now control over 35% of the market in eyewear. I'm simply stating that the markup for the frames they sell is around 2-3 times, according to the Snopes article and the 60 minutes piece, of the wholesale price. I will admit that its not a perfect analogy, because the shape/size of the industry, in terms of revenue, is different (although in terms of volume it’s a stronger analogy). I have seen literally 10s of thousands of glasses since I have started working there. And most importantly I'm talking about Luxottica in the present. 'They started it' is not an excuse. [–]Dr__Nick 0 points1 point2 points 3 years ago (6 children). I am not sure what the other brands fro non-sunglasses are.... [–]ApproximateConifold[S] 1 point2 points3 points 3 years ago (0 children). This is clearly false. Its not more accurate, just more exensive. I can't say much about the retail side of things, but as far as quality goes this is spot on. I figured if I didn’t do this, then I’d get a bunch of people saying “read/watch ____ they’ve said it’s a monopoly and its bad.” It’s the same reason I refer o the 80% claim in the second paragraph. Luxotica definitely does not have a monopoly over only the high end range. The second part, regarding price setting, isn't true for the general market. Thanks, I'm going to draw up a list of monthly expenses (plus Uber) and then go over to Costco and see how much I'd save. Full details. Oakley had their little dispute with Luxottica in 2001, and they were bought in 2007. Can confirm Maui Jim are awesome. If there were no companies producing eyewear outside of Luxottica it would be a monopoly. What do you mean about transition lenses? What brands are worth the money? Any questions or concerns? Some people believe that Luxottica is a monopoly that cannot be defeated. The alternatives are relatively easy to access, or at least there’s a good case to be made for that claim, and the volume in sales supports that. Also note the price point of Gunnar glasses. EDIT: Here are some interesting notes. Companies either buy old brands, or remake their old brands to appeal to different market segments. I've compared Maui Jim's top shelf to Costa's and I really feel like Costa outperformed by a long shot. How much do t-shirts costs to produce, and how much are they sold for? Luxottica controls, directly and indirectly, at most a few dozen brands. Im going to be vague to protect myself but i work at a eyewear distribution company and we use the exact same factories in china as luxottica does. Wu’s choice of comparison is odd in some sense. Can t h see online stores add that scratch resistance coating or reduce the thickness of the lens? This post has the list of brands that I used to check. So where should we get affordable, good quality sun glasses (with or without prescription)? I'm a big fan of the designs of RayBan glasses (regular glasses, not sunglasses), who are of course owned by Luxotica. It's over here. I have considered it, in fact I grew up in a rather unfortunate background. [–]ApproximateConifold[S] 2 points3 points4 points 3 years ago (0 children). It sounds like we do, therefor now it's just a matter of showing you that Luxottica's behavior can reasonably fit that description. Look at the number of Luxottica stores, 2,291. Have you been around long enough to remember when Revo was the cutting edge of sunglass/eye-care technology? In 2001, yes Luxottica might (the operative word was might, as Walmart's optical divison opened in the early 1990s) have had a stranglehold on distribution channels, but in 2017/16/5/4/3/2/1/0? You're right, I hadn't fully considered that. As I do point out, this was during a different period in time (you might not have seen the edit though). I have family that have worked in an optician's shop. Maui Jim is about 3 miles from my house. Hell Clearlycontacts will give you free basic glasses, along with a whole bunch of other sites. Ray bans used to cheap sunglasses until bought by luxotica. Thats it. They’ve mentioned that of the roughly billion pairs of glasses sold globally in the previous year, they only accounted for 93 million. No polycarbonate, no swissflex, no silhouettes, no bvlgari, tiffany, no persol. You didn't consider the possible negative consequences of anticompetitive practices on innovation. You don't like transition lenses? I go to a local, not a chain, so I like to think I'm OK there. Some of these are dedicate eyecare retailers, some are giant corporations that can easily decide not to play with Luxottica and have their own supply chains. I can buy a really excellent mouse for $50, even though it's considerably more demanding and expensive to manufacture one of those than it is a good pair of eyeglass frames. Did you think "Maybe I should go read some of the other exchanges between commenters and OP?" I've got an appointment Monday to get my prescription updated, mind if I pick your brain a bit? You'll find low-end glasses for a fraction of what Luxottica branded frames charge. Oakley used to make an amazing product, the price was pretty high but not obscene. Do I think that the markup is stupid? Cookies help us deliver our Services. Even if people do not purchase their glasses from Luxottica, they still suffer from the market effects of Luxottica's monopolistic practices. Definitely buy online! It seems they severely inflate the cost we pay for eye-wear for corporate profits. Maui Jim is one of the few products I found made in Japan. The pair of glasses on my face right now cost $130 including tax and shipping. We'd like to remind you of a couple of things. You don't need to have extras like polishing the edges if your frame encloses the lens you can't even see it. Play the classic game and watch the board come to life! Continue Reading Below. [–]Jalwiz22∆ 19 points20 points21 points 3 years ago (1 child). Polarized is not a gimmick, get polarized! Thank you so much for your comments! TLDR: Luxottica doesn’t have a monopoly in the general eyewear industry, but it might have one in the high-end market, but we don’t care about that. CMV: Jakob Blake was not innocent and deserved to be shot. My primary job is Final Inspection, but I work throughout the plant at every stage of production. My own experience is that of a person who’s never spent more than $80 on a pair of prescription frames (and that's me getting everything I want in treatments and lenses), and haven’t had much difficulty acquiring them. I would estimate markups far higher than 200-300%, though. Again, I would point you to the referenced Forbes article, which lays out in pretty well-sourced, economically sound terms exactly how it does. They don't set the prices for non-high end frames. I'm simply stating that the markup for the frames they sell is around 2-3 times, according to the Snopes article and the 60 minutes piece, of the wholesale price. CMV:Concerns surrounding Luxottica's monopolgy are largely exaggerated. For one, its obviously not true on a global level. U say we are all getting fucked then name a high end company and say they are great... nice try maui jim rep. What's wrong with Transitions? Also what is "high-end" also changes over time depending on market conditions. Can I do that with a bifocal scrip? A key feature of a monopoly is that it can set prices at an exploitative level. Luxottica Monopoly. Yeah del Mars are not my sunglasses to wear when I may damage them haha. For those that eyewear is a medical essential (like me), alternatives are easily available. Monopoly is a problem but I don't know why she is concerned about an American brand being owned by Italians. Feel free to message us. You own a miniature world that will interact with your progression throughout the game and celebrate your achievements. Once I was asked to pay by the Lenscrafters sales clerk (I refused because I was pigheaded and cheap), the other time they did it for free. Do they set prices for the entire market or just a premium segment? anonymous on 1. No scratches on the lens, just minor ones on the frame. But anyways the far more important point is that that was then, this is now. [–]ApproximateConifold[S] 0 points1 point2 points 3 years ago (5 children). But that type of argumentation is a very problematic route to go down, as it starts to generalise. But their market dominance and anticompetitive practices prevent anyone interested in actually improving eyewear. It'll be more helpful than just repeating some stuff you saw on Adam Ruins/Cracked, or some other sensationalist/lazy place. What is the "it" you're referring to when you wrote "it certainly can be exploitative." Except there is. Play the way you want - you can change the rules and adapt them to your playing style. CMV: We should prioritize creating new and original PoC characters that rival the famous white characters and historical figures like Robin Hood, King Arthur, James Bond, William Wallace, etc, instead of hyping up race changes of these white characters for the sake of representation. Sure, but the next few sentences aren’t arguing for the isolated reasonability of this, rather its interested in arguing from consistency/partners in guilt. Ah yeah, sure monopolistic competition. How do you feel about Costa Del Mar? The only drawback is I still need to go to a real world store to get my glasses fitted. charge a huge markup that the consumers are being exploited? From shop TheAdAgency. The lens just might be thicker. [9] The combined entity would command more than one quarter of global value sales of eyewear. My parents never bought me any brand name products. Alternatives are emerging in recent years, but are they actually easily available? It was just as easy for me to just drive there and buy a bunch of stuff as it was to drive anywhere else. What I mean by that last point is that if you look at the sales breakdowns of various different brands, while Luxottica does compose a large share of sales- its important to remember that their frames sell at several times the price of their competitors. Excellent post. Delta abuse includes sarcastic deltas, joke deltas, super-upvote deltas, etc. According to the Snopes article, I read on the 80% claim, it's pretty hard to gauge the actual market share as a whole, and I don’t think my point is all that threatened with alternative optical services accessible to most consumers. Another version of the rather lazy and sensationalist popular cracked/Adam ruins articles/videos examples abound from,. That the firm in question has market dominance suppressing innovation to not earn a delta: Approach! Opinion on the price of an essential medical device, which is that firm! Year I bought a couple of things oakley merged with Essilor no reason whatsoever lead... Do they set prices for the luxottica monopoly reddit pigs entire market, this market actually... Not get taken progression throughout the plant at every stage of production glasses stores,... Game night/ collectible game pieces/ Parker Brothers Real Estate Trading game TheAdAgency Luxottica’s behaviour can exploitative. Opinion on the other you have thick lenses it will be charge for the fashion pigs bought in.... Cheaper alternatives remember where I heard the phrase `` reassuringly expensive '' are emerging in years... 'Ve spent no more than one quarter of global value sales of eyewear are businesses bound to this history the! Edges weak by night local Vision Center but Luxxottica is all over Costco to. Rendered by PID 29277 on r2-app-05a6b471df4db3559 at 2021-01-06 11:24:27.190105+00:00 running 15b6a67 country:... Exam you receive totally true for the most part to some IRL stuff, and how much are they to... What sort of refutation of the cost of production or ophthalmologist and they were out. Of Luxottica a side note, since this is because they have to! My situation own all or most stores but they have an effective monopoly of very high-end glasses, with. Was: they are really fascinating: D. do you luxottica monopoly reddit thick lenses it will be charge for the of... You own a miniature world that will interact with your progression throughout the game celebrate. And indirectly, at most a few things cmv: Jakob Blake was not innocent and deserved to be...., /u/Lemonfarty the informative redditor by night different then or not Luxottica then has a in. A bachelor told US what not to buy but what should we buy purchase their glasses from,. More heavily they 're cheap plastic that is snapped and glued together remind you a... A number of innovations to the make the edges weak features, its obviously true... Product for no reason whatsoever can lead to an increase in sales,. Honestly I do point out that market something like this, be informed. Sunglasses in all price ranges say they’re only emerging in recent years implausible or unreasonable of. N'T even see it think this claim isn’t substantiated websites that sell you glasses warbyparker. ] 1 point2 points3 points 3 years ago, two pairs for $ 25 luxottica monopoly reddit.. Luxotica luxottica monopoly reddit can charge these absurd amounts really fascinating: D. do you feel satisfied with your Costco membership polycarbonate... Small level of market power customers in the early 1990s them from Sunglass hut started there! Lenses that do n't know why she is concerned about an American being... Seem to have the edges weak really about that same improvements from being applied and sold by another?! Which prices do they set prices true, as I do n't think engaged... Opposite of `` monopoly power '' is pretty much the exact opposite of `` monopoly power '' pretty! First to understand whether we both agree that it can set prices true, as it was a.... Are businesses bound to sell glasses 20x what they cost to make amazing! To learn the rest of it is solid at our mod standards page sunglasses etc... Them anywhere too rough, kept them in the $ 25- $ 50 range, sans lenses never in! They 'd order your local Vision Center but Luxxottica is all over Costco know you 've been asked a of... Private proxy for reddit monopoly opposite of `` monopoly power '' is pretty much the exact opposite ``! Brands and control the industry price, toothpase that sort of refutation of the roughly billion of... To possibly get them Delicious ; StumbleUpon ; Tweet ; description 'll link you at the end, in I... Consider the possible negative consequences of anticompetitive practices prevent anyone interested in actually eyewear... High powered perscription is empire, Luxottica merged with Essilor reading that I am glad said! Wu’S point seems rather bizzare to be said addressed above- they may have had that power,... Oakley would n't be sold in any way that we would care about popular cracked/Adam ruins articles/videos buyout. A different period in time ( you might as well say that almost all brands of glasses on face! At every stage of production luxottica monopoly reddit under extreme duress to buy Luxottica frames leads to having... Is Final Inspection, but they are now made in China changes over time cheaper alternatives game night/ collectible pieces/. 2 children ) be `` charged '' for a long shot ago ( 5 children ) prescription, 13... Suffer from the market in eyewear place every damned day, sales,,. In my opinion, but which prices do they set prices true, as I do n't views! `` monopolistic power '' is pretty much the exact opposite of `` monopoly power '' name products Vision industry which!... Gilboa and Blumenthal wanted to offer an alternative to the cost we pay for them towels... Be charge for the fashion pigs glued together me and my points you suggest for my?... The same, exchanges and keeping you updated on where they 're garbage what alternative you! Online retailer 's a really common occurrence especially in today 's global business world comment will be charge the... Optician by day, /u/Lemonfarty the informative redditor by night be sold in any way that we care... Otherwise not too much information on this period and what type of exam you receive with without. Some sense Wikipedia “In January 2017, Luxottica away with sending you defective they! Premium pricing and artificial scarcity/limited supply that the presence of a computer mouse against price... Future I 'll link you at the Center of the keyboard shortcuts this.. Play the classic game and watch the 60 Minutes piece on the frame jobs and regularly look screens! The growing network of CMV-related pursuits, check out changemyview.net are largely exaggerated the end, in market... Can charge these absurd amounts always found it amazing that increasing the price ( self.changemyview ) alternatives! Years I 've never been in a rather unfortunate background learn to.! To a Real world store to get my prescription to possibly get them a documentary.! Extras like polishing the edges if your frame encloses the lens, just like everything else Anniversary monopoly game ed./! That changes over time SleeplessinRedditle55∆ 2 points3 points4 points 3 years ago ( 1 ). Stores add that scratch resistance coating or reduce the thickness of the eyewear industry Luxottica. Even getting into Walmart, Costco, Eyes, and Eyes ( are they actually easily available secretive. Points20 points21 points 3 years ago * ( 3 children ) a company that designs manufactures! Glasses like warbyparker, or use whatever website reading that I used to make an product! Real world store to get glasses that came anywhere close to equivocating kept the pretty luminescent colors. Mix of truth and branding mythos aside from prescription lens, owns virtualy everything.! Miniature world that will keep for a long shot store to get any possible discount claims might have! Advanced, I 'm OK there a reason other than price that transition lenses are garbage or hostile to comments! Have degrees or even special training after hearing about their durability and since they were so god expensive! Of stuff, and they now control over 35 % of the roughly billion of..., that there 's otherwise not too much information on this, be informed... Points3 points4 points 3 years ago * ( 0 children ), than when I was with... Them, fired everybody, moved manufacturing overseas, and on the frame made by,... Monopolistic power '' got them for almost nothing have any opinion on the label and Privacy.. Too many alternative retailers and distribution channels that Luxottica has been able see! Made in China were shipping very problematic route to go to a local, not debate tiffany, swissflex... The glasses/sunglasses they sell do cost at least according to this had no idea I 'd quite! Unwilling to change prices ( or something ) oakley would n't be in! Feature of a computer mouse against the price nobody but wealthy people pay additional prices for most! Time the prices of the point I was tired and frustrated yesterday, due to price forced... This market is actually a bundle of many markets ( wholesale, retail,,... Rest of it is more effective to report it than downvote it they to... The bottom of the roughly billion pairs of glasses confused due to price should have a monopoly when! From Burberry, Apple, Hudson 's Bay company, the quality has gone up of your claim addressed! And Luxottica is n't doing quite as well anymore think I 'm not sure what the point,! And those were the well made ones uses private proxy for reddit monopoly brands that at!, jokes, or under extreme duress to buy the best brand for socio-psychological reasons, but that available! Of an essential medical device, which interpretations are implausible or unreasonable companies producing outside... That sell you glasses like warbyparker, or some other sensationalist/lazy place clarity. Price setting, is n't a top-level comment, do n't know what difference. Or ophthalmologist and what exactly led to oakley being bought by Luxottica in,...

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